Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

WM Residences fills gap in Mordialloc townhouse market

Teneriffe

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The iconic Giraffe Manor residence at Teneriffe has been listed for sale.

The 2.7 metre giraffe stands out of the front of the home at 37 Macquarie St, Teneriffe which last sold for $5.1 million in 2017.

The home has four bedrooms, a pool, cellar, rumpus and a kitchenette on the ground level.

The three-level home on 614sqm  has again been listed by Hamish Bowman and Matt Lancashire at Ray White New Farm.

When the original owners moved into the house seven years ago, a joke about a zoo-like enclosure on the front lawn resulted in the landscaper delivering a truckload of fake animals.
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The 2.7 metre giraffe stands out of the front of the home which last sold for $5.1 million in 2017.



jchancellor

Giraffe Manor at Teneriffe listed

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A Teneriffe apartment has been sold for $5.7 million, having last sold at $3.6 million in 2010.
Set in the popular One Macquarie, it was first sold in 2005 at $4.1 million.
<a href="https://www.realestate.com.au/sold/property-apartment-qld-teneriffe-134162478" target="_blank">The garden apartment</a> comes with four bedrooms, three bathrooms plus home office with a total space of 629 sqm. 
It was recently refreshed with various upgrades.
It was sold through McGrath.
There was a recent $6.02 million record price paid for another garden apartment in the complex of 34 apartments.
There are 17 private marina berths and 200m of riverfront boardwalk.
It was in 2009 when the project received the award for Residential Building (High-rise over Three Storeys) $30 million to $60 million at the Master Builders Queensland Awards.
It was developed by the Seymour Group, comprising four individual buildings, in partnership with Queensland-based construction company Watpac to produce a $130 million project.
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jchancellor-FAypfDUnLy

$5.7 million Teneriffe riverfront garden apartment sale

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A submarine-inspired luxury residential development has surfaced in Teneriffe. 
Developer Visie Properties announced the official launch of its newest project, the $20 million Obsidian residences.
Just completed and for sale now, the development is located just three kilometres down-river from the Brisbane city heart.
Visie CEO Warren Swanston said the project was receiving very strong off-the-plan sales enquiry levels from local buyers.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/5/4/1630_2.01_Interior_Kitchen_R003.jpg" alt="">
Designed by award winning architects Hayes Anderson Lynch, Obsidian reflects the riverside precinct’s rich maritime history. 
The building profile evokes a submarine’s cross-section – homage to 1940s history when the local wharves played a vital role in the war effort as a maintenance hub for the US Navy.
“The aim has been to create an architectural piece of art, intertwining generations by honouring Teneriffe’s history while pushing the boundaries in contemporary city living,’’ Swanston said. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/5/4/1630_2.04_Penthouse_Living_R003.jpg" alt="">
Obsidian features 13 luxury apartments including a collection of three and four bedroom residences and penthouses ranging in size from 160 to 300sqm and in price from $1.3 million to $2.6 million.
Apartments are characterised by the highest quality fixtures and fittings, connected spaces, spacious floorplans harnessing natural light and large balconies with city views. 
Penthouses offer expansive terraces, lofts, individual wine cellars, five-metre high ceilings, four car parks and 40 sqm storage space.
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j.ballantyne1990-6AQqhLzZaK

Teneriffe submarine-inspired apartments for sale

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The Teneriffe restaurant and bar space of Streetcorner Jimmy, in the London Woolstore building, has sold at auction for $1.34 million.
The ground floor commercial premises at 36i Vernon Terrace had strong interest from a range of different investor profiles
Bidding began at $1 million, with seven bids taking the final sale price to $1.34 million.
The sale reflected around a 7.3 per cent yield.
“We had more than 65 people enquire about the asset and that culminated in three registered bidders battling it out on the day,” Ray White agent Michael Feltoe said.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/9/17/36%20Vernon%20Terrace.jpg" alt="">    "Fundamentally, the investment ticked all the boxes, an unrivalled corner location in a high-traffic area and a landlord friendly lease to a high-quality tenant, who's performing exceptionally well."
The 140 sqm internal area and 75 sqm outdoor space has recently undergone an internal refurbishment, paid for by Streetcorner Jimmy, to create a rustic, urban space.
They restored the unique character features of the building, with complementing modern elements.
Streetcorner Jimmy have a five-year net lease until 2023 with a fixed four per cent annual increase.
They have options until 2034 and are currently paying $98,800 + GST per annum.
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jrobinson-rf4aSBido9

Streetcorner Jimmy premises in Teneriffe sells at auction

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The restaurant and bar space currently tenanted by Streetcorner Jimmy in Teneriffe's converted London Woolstore has been listed for sale.
The ground floor commercial premises at <a href="https://www.commercialrealestate.com.au/property/i-36-vernon-terrace-teneriffe-qld-4005-2015488394" target="_blank">36i Vernon Terrace</a> has recently undergone an internal refurbishment paid for by Streetcorner Jimmy to create a rustic, urban space.
They restored the unique character features of the building, with complementing modern elements.
Streetcorner Jimmy have a five-year net lease until 2023 with a fixed four per cent annual increase.
They have options until 2034 and are currently paying $98,800 + GST per annum.
<img class="m_-2767445539486946443cbT-content-image m_-2767445539486946443cbT-upload-drop-target" src="https://f.datasrvr.com/f1/019/16410/36_Vernon_Terrace,_Teneriffe_-_(7)-2.jpg" alt="" width="640">
The property has a 215 sqm building area, made up of 140 sqm internal and 75 sqm undercover outdoor dining area.
There's a secure park in the building's parking facility.
Ray White Commercial Queensland agent Michael Feltoe has a September 6 auction.
"Fundamentally, this investment ticks all the boxes, an unrivalled corner location in a high traffic area and a landlord friendly lease to a high quality tenant who is performing exceptionally well," Feltoe said.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/8/19/36%20Vernon%20Terrace%202.jpg" alt="">
The original Woolstore was designed in the early 1910's by acclaimed architect Robin Dods.
Walls &amp; Juster built the heritage-listed Vernon Terrace warehouse for Australian Mercantile Land &amp; Finance (AML&amp;F) who had purchased the land in 1910.
The original Hall &amp; Dods architectural plans included a second store, which was built around a decade later.
The property was sold in 1980 to Pacific Fire Protection, which used level three for customer storage, while leasing level four to TL Tourrier &amp; Co. Pty Ltd Woolstore.
The Brisbane City Council's Teneriffe Development Plan suggested recycling the buildings as a wool exhibition and tourist centre, however, in 2004, the Australian Property Growth Fund purchased the building and refurbished it to create 89 apartments.<a href="https://en.wikipedia.org/wiki/Australian_Mercantile_Land_%26_Finance_Woolstores#cite_note-2"> </a>
Push Architecture designed the redevelopment.
The Federation era, four storey, brick and timber warehouse is capable of storing 14,000 wool bales.
 
 
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Streetcorner Jimmy premises in Teneriffe's London Woolstore for sale

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Entrepreneur Jordan Grives is selling his Teneriffe apartment.
Grives paid $1.8 million for the three bedroom loft-style apartment just over 12 months ago shortly before selling his previous two bedroom apartment nearby.
Set in the Winchcombe Carson Woolstore, the top level apartment spans 265 square metres and has a built-on library, fully-equipped wet bar, a pool room, rumpus room and a large deck.
Ray White New Farm agents Matt Lancashire and Ben Percival have the listing.
Grives and his partner Amelia and their two Maltese cross poodles Ari and Coco are renting in New Farm.
Grives said they may build something, but will stay in Brisbane. 
Earlier this year Grives sold Fone Dynamics, the messaging and call analytics company he founded, for around $8.4 million.
In 2016 he pocketed $30 million when he sold his Fonebox enterprise to J2 Global, the NASDAQ-listed American internet services business.
This article was first published in the Weekend Australian. 
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firstname1-iYD4UYzvBa

Brisbane entrepreneur Jordan Grives to offload designer Teneriffe apartment

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A NSW investor has acquired a Teneriffe, Brisbane retail investment property.
It was the strata ground floor retail unit that houses The Dalgety Public House at 8-9/110 Macquarie Street.
It was bought for $1.91 million under the hammer through Ray White Commercial agent Michael Feltoe.
The campaign produced 67 inquiries. 
<a href="http://www.dalgetyhouse.com.au/" target="_blank">The Dalgety Public House</a> is a country-meets city gastropub in the base of the 1950s red brick Dalgety and Co’s no 3 Woolstore in Teneriffe.
It hasn’t been vacant in over 20 years, Feltoe said.
The property on the corner of Florence St, has a total area of 257 square metres. The sale realised a 7.21% yield.
It is on the ground floor of Teneriffe Village which is listed on the Queensland Heritage Register.
Built in the mid 1950s by Dalgety &amp; Co, the building housed Paddy’s Market in the 1980s.
The building was then converted into apartments and ground floor retail as part of an urban renewal process which saw Teneriffe officially become a suburb in 2010.
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Dalgety Public House gastropub in Teneriffe sold to NSW investor

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Brisbane's weekend clearance rate sat at 50 percent.
Its top weekend sale was a <a id="x_mcntLPlnk575404" href="https://www.realestate.com.au/property-house-qld-teneriffe-128312478" target="_blank">five bedroom Teneriffe offering</a>, Riverview that fetched $4,405,000.
There were seven registered bidders at the Sunday afternoon auction through McGrath agent Henry Hodge.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/5/4/bris2.jpg" alt="">
It last sold in 2007 at $3.4 million.
The Teneriffe Drive home was on a 700 sq m holding.
It was Teneriffe’s highest sale for a non-riverfront property in the past 12 years, Hodge said.
Nearby 61 Teneriffe Drive sold at $4.6 million in 2006.
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$4.4 million Riverview, Teneriffe Queensland sale

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A four bedroom riverfront Teneriffe house sold for $4.8 million at weekend auction making it Brisbane’s most expensive weekend result.
Located at <a href="https://www.realestate.com.au/property-house-qld-teneriffe-126138898" target="_blank">77 Macquarie Street</a>, it ranks among Brisbane’s most exclusive real estate.
Built in 2001, it last sold for $3.785 million in 2014 featuring three levels of riverfront living with views.
The master suite has a walk-in robe as well as ensuite along three other bedrooms.
There is also a study and multiple living areas.
The property has 365 sqm of riverfront allotment with 488 sqm of living space.
There are also TV room/library and outdoor area.
Other features includes three car lock up garage, garden and wine storage.
The property was offered through Ray White agents Matt Lancashire and Brandon Wortley for the real estate developer and horse enthusiast Jon Haseler.
Haseler, who owns leading stud Glenlogan and is the managing director of QM Properties, paid $3,785,000 for the home on the Macquarie Street riverfront in 2014.
The 490 sqm freehold residence with cutting edge design is one of 23 in the Catalina development.
The home comes with games room.  
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/08/15/TitleWA2.jpg" alt="">
 
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Riverfront Catalina, Teneriffe house, Catalina, sold for $4.8 million

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One of Brisbane's most renowned artists, Matt Stewart, and his award-winning hairstylist wife Anna have listed their Teneriffe apartment, artwork included.
The couple have spent 10 months completely <a href="https://www.realestate.com.au/property-apartment-qld-teneriffe-123944058">renovating the loft apartment</a> that cost them $432,000 in 2013.
Located in the Woolstore building, the one bedroom apartment now comes with a new kitchen, bathroom, lighting and hardwood flooring.
The mezzanine level features a master bedroom that is met by a home office, which can double as a second bedroom with a hideaway retractable bed.
The Cullen Hotel in Prahran in Melbourne was their inspiration for the renovation.
He said he couldn't take the art work with him because its a feature of the apartment.
Stewart said the batman mural is his favourite piece of artwork in the apartment that spans the entire living room wall.
One of his most recognisable pieces of art work in the Indian Headpiece that featured on The Block. A version hangs on the dining room wall.
Matt, who has done work for Megan Gale and Coca-Cola, is famous for his work with Disney, Cirque du Soleil and Tiger Beer.
His wife Anna is the owner of the White Gold Boutique.
Place New Farm agents Aaron Woolard and Anissa Lamond have a November 17 auction date.
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